(June 29, 1936, ch. 858, title V, § 501, 49 Stat. 1995; June 23, 1938, ch. 600, § 8, 52 Stat. 955; July 17, 1952, ch. 939, §§ 1, 2, 66 Stat. 760, 761; Pub. L. 91–469, §§ 6, 35 (a), (c), (d), Oct. 21, 1970, 84 Stat. 1019, 1035; Pub. L. 91–603, § 4(a), Dec. 31, 1970, 84 Stat. 1675; Pub. L. 97–31, § 12(84), Aug. 6, 1981, 95 Stat. 161.)


1981—Pub. L. 97–31 substituted “Secretary of Transportation” for “Secretary of Commerce” wherever appearing.
1970—Pub. L. 91–469, § 35(a), substituted “Secretary of Commerce” for “Commission”, twice in subsecs. (a) and (b) and five times in subsec. (c).
Subsec. (a). Pub. L. 91–603 substituted “for the operation and maintenance of” for “to enable it to operate and maintain” in cl. (2).
Pub. L. 91–469, §§ 6(1), 35 (c), substituted “Any proposed ship purchaser who is a citizen of the United States or any shipyard of the United States” for “Any citizen of the United States”, inserted in subd. (2) “if the applicant is the proposed ship purchaser,” struck out of cl. (3) “to replace worn-out or obsolete tonnage with new and modern ships, or otherwise” after “reasonably calculated”, and authorized the Secretary of Commerce to give preferred consideration to applications that will tend to reduce construction-differential subsidies and that propose the construction of ships of high transport capability and productivity; and substituted “he” for “it” before “determines”, respectively.
Subsec. (c). Pub. L. 91–469, §§ 6(2), 35 (d), inserted “or any shipyard of the United States” after “Any citizen of the United States” and substituted “his” for “its” before “discretion”, respectively.
1952—Subsecs. (a), (c). Act July 17, 1952, §§ 1, 2, struck out requirements as to essentiality of the service, route, or line to be served by the vessel and provided that the lawful or proper use of the vessel may not be restricted.
1938—Subsec. (c). Act June 23, 1938, inserted reference to section 1114 (b).

Commission on American Shipbuilding

Section 41 of Pub. L. 91–469 established a Commission on American Shipbuilding, provided for the appointment and compensation of an Executive Director of the commission and other personnel, empowered the commission to study American shipbuilding with a view toward increased productivity and reduced costs, and to make a report to the President and Congress no later than three years after Oct. 21, 1970 of the commission’s findings and recommendations, and provided that the commission was to terminate sixty days after filing its report.